According to on-chain analyst @ai_9684xtpa monitoring, DWF Labs became a TRU market maker.
timeline finishing
-05.27 The Forum initiated a proposal to appoint DWF as its market maker.
Proposal 07.02 was voted on in Tally, and 07.10 was passed unanimously and implemented.
- Address 0xBbc... 99E72 Received 7.50 million TRUs distributed by the TrueFi project party 13 hours ago, which matches the number of proposals.
The key points of market making are as follows:
- Number of token loans: 7.50 million;
- Time period: 24 months;
Yield: DWF offers 3% annualized interest, paid in stablecoins every four weeks (USDT/USDC).
- Market making target: The bid-ask spread is 35 basis points.
DWF Labs becomes a TRU market maker, and the relevant address has received 7.50 million TRUs.
2024-07-11 03:57:06
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